Sony reported a 40% surge in first-quarter operating profit, easily surpassing analyst expectations, driven by robust performance in its PlayStation and image sensor divisions.
Shares of the Chinese artificial intelligence firm surged after it opened subscriptions for its GLM coding plan, capitalizing on broader positive sentiment in the AI sector.
Japanese authorities reportedly bought yen for the first time since May, causing the currency to surge against the dollar and shifting investor attention to domestic sectors that benefit from lower import costs.
South Korea's benchmark stock index recovered most of its weekly losses in a sharp rally led by heavyweight chipmakers Samsung and SK Hynix, following a tech-driven surge on Wall Street.
Boeing has proposed a new contract to its union representing 17,000 engineers and technical staff, a deal that has received the endorsement of the union's negotiating team. The agreement could prevent a strike that would threaten key aircraft certification programs.
The electric vehicle maker is weighing options including a sale or spin-off of its crucial China operations to navigate potential regulatory hurdles for a combination with Elon Musk's aerospace firm, according to The Wall Street Journal.
Electric vehicle maker Tesla is internally discussing options to separate its China business, including a potential sale or spinoff, according to a Wall Street Journal report. The move comes as CEO Elon Musk considers a possible merger between Tesla and his aerospace company, SpaceX.
U.S. stock index futures advanced in evening trading, driven by a blockbuster earnings report from Amazon that boosted confidence in the tech sector. However, a significant slide in Apple shares following a weaker-than-expected sales forecast limited the overall rally.
Ukraine's envoy to the U.S. stated the country urgently needs anti-ballistic missiles to defend against intensifying Russian strikes ahead of winter, and is in talks with the Pentagon and defense firms to secure them.
